|
View story
NZ dollar rises as German business confidence surges
http://www.scoop.co.nz/stories/BU1101/S00279/nz-dollar-rises...
Submitted by
sarahmartin
16 months, 1 week, 3 days, 9 hours agoThe New Zealand dollar gained as investors’ appetite for higher-yielding, or riskier, assets was whetted by record-high business confidence in Germany, allaying fears of a European debt meltdown.Stocks in Europe and on Wall Street gained after the German Ifo institute’s business climate index reached its highest level since records began for a reunified Germany in 1991.
| |
© coRank 2007-2010